FAKE Ava Trade

FAKE Ava Trade is an online trading entity that presents itself as a forex and CFD broker. The broker is registered in China and was established on May 27, 2021. Its official website is avatreade.com, which closely mimics the domain of the legitimate broker AvaTrade. This similarity in name and domain is a red flag, as it indicates a potential attempt to deceive traders into believing they are dealing with the regulated AvaTrade entity.

FXCanary's records show that FAKE Ava Trade has no regulatory licences from any known financial regulator. Given the unregulated status and the newly established date, traders should exercise extreme caution. The broker's operations and ownership remain unclear, and no independent reviews or user feedback are available to verify its legitimacy.

According to public registration records, FAKE Ava Trade was incorporated in China on May 27, 2021. The company's exact legal name and corporate structure are not readily available. The choice of China as a jurisdiction for registration is notable, as it is not a common base for regulated forex brokers serving international clients. This, combined with the cloned branding, suggests the entity may be operating without proper oversight.

Traders should be aware that the broker's registration in China does not imply regulatory approval from bodies such as the China Securities Regulatory Commission (CSRC) for forex trading. No evidence of any licence or authorisation has been found in our checks.

FAKE Ava Trade does not hold any regulatory licences from recognised financial authorities. According to industry databases, there are no verified records of the broker being licensed by regulators such as the FCA, ASIC, CySEC, or the Monetary Authority of Singapore. The absence of regulation is a significant warning sign, as it means the broker is not subject to the client protection rules, capital requirements, or dispute resolution mechanisms that regulated brokers must adhere to.

Traders who deposit funds with an unregulated broker risk losing their entire investment without recourse. The FXCanary Scam Risk Score of 85 out of 100 (Severe) reflects the critical lack of regulatory oversight and the high probability of fraudulent activity.

Based on the domain name and the apparent attempt to clone AvaTrade, it is likely that FAKE Ava Trade offers trading platforms such as MetaTrader 4 or MetaTrader 5, and provides access to forex, CFDs on indices, commodities, and cryptocurrencies. However, since no independent verification of the broker's offerings exists, this remains speculative. The official website may list these instruments, but traders should not rely on such unverified claims.

Potential clients should be aware that cloned brokers often use pirated trading platforms or custom software that can manipulate prices and execution. Without regulation, there is no guarantee that the trades are executed fairly or that client funds are segregated.

FAKE Ava Trade appears to target retail traders by offering various account types, such as standard, premium, or VIP accounts, with different leverage and spread conditions. However, these details are not independently confirmed. Given the unregulated nature of the broker, any account types advertised should be treated with extreme suspicion.

The broker is not suitable for any trader, especially those who prioritise fund safety, transparency, and regulatory protection. Novice traders and those looking for a trustworthy broker are strongly advised to avoid this entity.

There are significant risks associated with FAKE Ava Trade. The broker's lack of regulation means that clients have no recourse if disputes arise or if the broker disappears with funds. The high FXCanary Scam Risk Score indicates a severe risk of fraud. The cloned name and domain further underscore the intent to mislead traders into believing they are opening accounts with a well-known, regulated broker.

Traders are urged to avoid depositing money with this broker and to report any suspicious activity to the relevant authorities. Only use brokers that are fully regulated and have a proven track record.

In summary, FAKE Ava Trade is an unregulated broker with a high risk score, registered in China in 2021. Its name and domain are clearly designed to impersonate the legitimate AvaTrade, a sign of potential fraud. With no verified user reviews and no regulatory oversight, this broker poses a severe risk to clients' funds. FXCanary recommends against any engagement with this entity.